Summer price hike season continues – Bord Gáis Energy customers to see gas and electricity bill increase by €96.72 per year

Bord Gáis Energy has become the seventh supplier to announce an energy price hike this summer.

From 6 August, the supplier will increase electricity prices by 5.8%, adding €60 onto the annual bill for an average customer. Meanwhile, gas prices will go up by 4.7%, which will add €36.72 onto the average annual gas bill. An average dual fuel customer with the supplier will see their annual bills go up by €96.72.

Eoin Clarke, Managing Director of Switcher.ie, says: “Unfortunately, wholesale energy prices have shot up in recent months. As a result, the vast majority of suppliers have implemented at least one price increase since last winter and today’s news signals that there’s no end in sight.

“Almost all Irish energy customers will be impacted by at least one of this summer’s hikes, with higher rates starting to take hold in the coming weeks. And, while heating might be the last thing on our minds while we’re enjoying this rare stretch of good weather, the increases are going to have a big impact when we return to colder weather and the evenings start to close in.

“Although it may not sound like it, there are still good savings to be made on energy if people take control of their bills and regularly switch. However, only a small percentage of Irish consumers do so each year, which means many are missing out on savings. With well over €300 to be saved by switching from standard tariffs and the cheapest deals on the market, and discounts available for things like paying by Direct Debit and receiving bills online, we’d strongly advise anyone who hasn’t switched in the past year to take a few minutes to do so now to help counteract the impact of these increases.”

Switching is straightforward and free. Use Switcher.ie’s free gas and electricity comparison tool to get started – comparing deals and making a switch only takes around 5 minutes.

For further information please contact:

Maeve McLaughlin, Switcher.ie on 01 517 5922/087 133 2526 or prteam@switcher.ie

Images for use are available on Flickr here.

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Switcher.ie launched in January 2013, with the aim of offering consumers free, independent and impartial price comparison and switching services for gas, electricity, home broadband and digital television. Switcher.ie aims to make it easier for Irish households to compare prices, save money on their regular bills, get the best deals on offer and make their hard-earned money go that bit further. Switcher.ie is accredited by the Commission for Regulation of Utilities as an impartial, accurate and independent supplier of domestic energy price comparisons and is a member of Guaranteed Irish.

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